CAPE Management of Business Unit 2 · 2017 · Paper 2

13 questions and parts from this paper. Open one to see it in full, then practise it on Quelpr and get it marked against the mark scheme.

1. 1(a)(i)2 marksDefine the term 'production input'.
2. 1(a)(ii)2 marksDefine the term 'production output'.
3. 1(b)(i)3 marksExplain the production method of job production.
4. 1(b)(ii)3 marksExplain the production method of batch production.
5. 1(b)(iii)3 marksExplain the production method of flow production.
6. 1(c)12 marksDiscuss THREE ways in which Techno Ltd can benefit from utilizing the flow production method.
7. 2(a)(i)2 marksDefine the term 'value added'.
8. 2(a)(ii)2 marksDefine the term 'price elasticity of demand'.
9. 2(b)9 marksExplain how THREE named factors influence customer buying behaviour.
10. 2(c)12 marksDiscuss THREE promotion tools that the owner/manager, Petula Jones, of LeAnn Furnishings Ltd could use to help boost sales.
11. 3(a)4 marksOutline TWO differences between an 'entrepreneur' and a 'social entrepreneur'.
12. 3(b)9 marksExplain THREE ways in which JoPaul Farm could benefit from the free market economy of Saint James.
13. 3(c)12 marksDiscuss THREE types of assistance that non-governmental agencies offer to small businesses such as JoPaul Farm.